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Collider Ventures establishes long-term $INDEX position
Collider Ventures establishes long-term $INDEX position
Collider Ventures establishes long-term $INDEX position
8/16/2022
Index Coop
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The Index Coop is pleased to announce that Collider Ventures has established a long-term $INDEX position. Collider Ventures is a venture capital fund focused on digital assets and the digital economy.
“We believe Index Coop is positioned to become one of the most significant DeFi DAOs in the next few years,” Principal Idan Levin wrote in the firm’s Medium post announcing their position.
Growth Network contributor, Dev, described the announcement as “another vote of confidence in Index Coop’s leadership position in the onchain structured products market, especially pleasing to receive in a Bear Market.”
Collider Ventures backs several other prominent DeFi projects, including The Graph, Nexus Mutual, Stakewise, and ZenGo. They work with their portfolio companies on business development, tokenonomics, and go-to-market strategies. The Index Coop looks forward to receiving Collider Venture's input regarding key strategic decisions. And, as with all $INDEX tokens, the Index Coop will actively solicit Collider Venture’s participation in relevant governance votes.
“Index Coop and Collider Ventures are aligned on the importance of active participation in governance in Web3 and we look forward to working together,” Dev said. “Collider Ventures’s long-term $INDEX position will bolster our governance token and further define our footprint in decentralized finance,” he added.
In their Medium post, Collider Ventures emphasized their confidence in Index Coop’s strong partnership network across the web3 ecosystem. They also expressed confidence that the Index Coop is well positioned to build through the current Bear market.
“Bear markets are the best time to keep building and refining products towards the next adoption wave, and we believe Index Coop is perfectly positioned for this,” Idan Levin wrote.
With their new long-term $INDEX position, Collider Ventures joins other prominent Index Coop backers including 1confirmation, 1kx, Assembly Capital, Blockchain.com, Defiance Capital, Galaxy Digital, Sequoia and White Star Capital.
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Index Coop yield tokens simplify earning yield in DeFi by automating complex strategies and diversifying across protocols. They are user-friendly and cost-efficient, appealing to both new and seasoned DeFi users.
Leverage tokens automate a leveraged position by utilizing onchain money markets like Aave or Morpho to borrow funds, amplifying a user's exposure to an asset without requiring manual management. The token's smart contracts autonomously handle the borrowing, lending, and rebalancing of assets, maintaining a consistent leverage ratio despite market fluctuations. This automation eliminates the complexities of collateral management and liquidation risks, while also charging low, transparent fees that avoid expensive funding rates often charged by perps.
Index Coop is a decentralized autonomous organization (DAO) that specializes in creating and maintaining onchain structured products. Index Coop aims to democratize access to the crypto market, empowering everyone to participate in the growing digital asset ecosystem with ease.
No, yield automatically compounds and accrues to the token price. The value of the tokens you hold in your wallet will simply go up over time without the need to claim or compound rewards.
Index Coop products protect you from liquidation with automated risk management that rebalances assets to maintain a target leverage ratio that avoids liquidation.
INDEX is the ERC-20 governance token on Ethereum for Index Coop. INDEX empowers its holders to participate in decision-making processes that shape the future of Index Coop.
Yes, all Index Coop products are instantly redeemable for their underlying value at all times.
Yes, all Index Coop smart contracts have been audited by leading independent security firms such as OpenZeppelin, ABDK, Isosiro, & more. There is also an active bug bounty program through ImmuneFi. Audit information is published in the docs here.
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